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Stock Trend Analysis Report

Prepared for you on Saturday, April 27, 2024.

GraniteShares 2x Long AMD Daily ETF (NASDAQ:AMDL)

Countertrend Down (-85) - AMDL is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid AMDL?

MarketClub looks at technical strength and momentum to determine if the timing is right for AMDL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_AMDL
Open High Low AMDL Price Change
15.6800 16.5499 15.5100 16.3300 +0.7300
Entry Signal

MarketClub’s Trade Triangles for AMDL

long term down The long-term trend has been DOWN since Mar 20th, 2024 at 22.25

intermediate term down The intermediate-term trend has been DOWN since Mar 20th, 2024 at 22.25

short term up The short-term trend has been UP since Apr 24th, 2024 at 15.72

Smart Scan Analysis for AMDL

Based on our trend formula, AMDL is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for AMDL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.6800 16.5499 15.5100 16.3300 +0.7300
Prev. Close Volume Bid Ask Time
16.2800 220255 2024-04-26 15:58:43
52wk High25.6252wk High Date2024-03-18
52wk Low13.920452wk Low Date2024-04-19
Average Volume320,210
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